MSB in the United States is a license issued by the Financial Crimes Enforcement Bureau of the United States to supervise the financial services industry. You must obtain MSB license to engage in currency exchange, digital currency, futures and other financial industries in the United States!

So what is the latest application process?

1: registered American company (Hong Kong and Islands corporate entities can also apply)

2. Apply for company tax number

3. Submit the company information to the Financial Crimes Enforcement Bureau for review.

4. Answer the questions raised by the Financial Crimes Enforcement Bureau

5. Obtain a license after passing the qualification examination.

The whole process takes about 18 working days, and almost ten working days if there is a company.

It is worth mentioning that the first-and second-tier exchanges such as Huobi, Yinan, ok and Matcha, as well as the well-known payment app——PayPal, have all obtained MSB licenses in the United States!